FREESTANDING WAREHOUSE INVESTMENT | 6.5% RETURN | $90,000 RENTAL
This freestanding warehouse on a substantial block of land is well located and very well leased in the burgeoning town of Richmond, greater Nelson.
The property is tenanted by a well established Greenwaste processing facility, which also leases a 2ha block for processing are adjacent. Located in the Beach Road industrial precinct, close to TDC recycling centre and convenient for the greater community, this is a tightly held area.
The property is for sale with a price expectation of $1.384mil (plus GST), offering a 6.5% initial yield on a new 6 year term.
Contact Geoff today for more information.
Ref #: 213547
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